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The law firm that defended First Affiliated Securities Inc. when six local investors accused the brokerage of juggling assets to avoid paying a $584,000 judgment has charged FAS with fraud.
A suit filed in San Diego County Superior Court by Miller & Milove echoes previous accusations against FAS, Bekhor International Group Inc., the parent company of FAS, and Jonathan Bekhor, the president of the parent group and FAS.
In addition to filing suit, the six investors and the lawyers who went up against them have several things in common: all have tried to collect money owed to them by FAS; and all have accused FAS of shuffling assets from one corporation to another to avoid payment.
FAS owes Miller & Milove $86,079, according to records the firm filed in court late last month.
The law firm racked up the fees while defending FAS in cases filed by disgruntled investors.
Miller & Milove was first retained by FAS in November 1986, according to court records. The firm incurred much of the $86,079 expense while defending FAS in its case against the six local investors.
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